£155,794
This estimated value is based upon the latest sale price for the house of £117,000 on 6 Jul 2016. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
| Price Paid | Date |
|---|---|
| £117,000 | 6 Jul 2016 |
| £25,950 | 16 Aug 2002 |
| Terraced |
| Leasehold |
| Floor Area: 75 sq meters or 807 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER MANCHESTER to estimate the market value.
When this house was purchased in July 2016 the House Price Index for GREATER MANCHESTER was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £117,000 results in an estimated price of approximately £155,794.
| 6 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £117,000 | £38,794 | £155,794 |
The Postcode Pricing Model uses changes in average sales price within the M14 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 38.179 % | £44,669 | £161,669 |
| 3 Month Average | 24.886 % | £29,117 | £146,117 |
| 6 Month Average | 47.241 % | £55,271 | £172,271 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £233,456 | £230,000 | 4 BURDITH AVENUE |
| 30 Jun 2023 | £202,452 | £200,000 | 172 BROADFIELD ROAD |
| 19 Jun 2023 | £187,268 | £185,000 | 160 BROADFIELD ROAD |
| 25 Nov 2022 | £187,726 | £190,000 | 3 BURDITH AVENUE |
| 4 Oct 2022 | £278,007 | £281,000 | 156 BROADFIELD ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 25 Apr 2016. Using an estimated price of £155,794 means this house is valued at £2,077 per sq meter (£192 per sq foot).
The average size of a house on BURDITH AVENUE is 83 sq meters (902 sq feet).